JEFF: For them to approve the oil and gas law is absolutely waiting for the rate to change!! #iqd

 

The World Bank announces the date for submitting the feasibility study, the path of the development road project and its details, 9 JAN

 The World Bank announces the date for submitting the feasibility study, the path of the development road project and its details

 The World Bank announced its readiness to submit the feasibility study, the path of the development road project, and its details by next February.

A statement by the House of Representatives, a copy of which was received by {Euphrates News}, stated that “the head of the Finance Committee, Atwan Al-Atwani, received today, Wednesday, a delegation from the World Bank headed by {Jean-Christophe Carré}, the regional director for the Middle East, to discuss supporting the railway rehabilitation project within the development road project.

The meeting reviewed the “economic and regional vision of the Development Road Project and its strategic importance in stimulating investment activity, maximizing non-oil revenues and providing job opportunities. It also discussed the possibility of the private sector contributing to its implementation.”

The meeting also discussed the multi-stage support provided by the World Bank for the Development Road Project, including modernizing and rehabilitating the current railway network and linking it from southern Iraq through the north and reaching Turkey.

Al-Atwani reiterated his emphasis that the infrastructure of the development road should be in the hands of the government so that this important project that links Iraq to the countries of the world will not be subject to influences.

The head of the committee pointed out that “our vision is for the development road project not to be a mere transit point, but rather we seek to make it a gateway to activate various economic and commercial activities and develop infrastructure, calling on the World Bank delegation to present new visions and ideas regarding achieving optimal investment for this huge project that is hoped to make Iraq an economic corridor linking Asia to Europe.”

He stressed the need to expedite the submission of the feasibility study related to the railway development plan within the development road project, and to contribute to mobilizing international expertise and attracting the private sector to invest in it in a way that achieves the country’s interest.

Al-Atwani concluded: We look forward to holding joint workshops and extensive meetings with the World Bank, to provide a full briefing on the project details and discuss its details in a way that secures broad parliamentary support for this loan, indicating that “the Finance Committee supports any loans that are economically feasible and bring great benefit to the Iraqi economy, especially since investment in the railway sector is a successful trend and achieves a large financial return.”

For his part, the World Bank delegation appreciated the valuable comments made by Al-Atwani in the context of the rapid transition from the planning and vision stage to the implementation stage, stressing the World Bank team’s readiness to submit the feasibility study, project path and details by next February.

AJ: Iraq parliament : Their holiday ends on January 9th to resume their session of parliament after January 9th, 9 JAN

 AJ ON X

Iraq parliament : Their holiday ends on January 9th to resume their session of parliament after January 9th. 

Parliament conforms to World Bank on the importance of government infrastructure in development.

Parliamentary Finance Committee stresses government control of the Development Road Project's infrastructure. In talks with the World Bank, led by Jean-Christophe Carré, they discussed railway upgrades, investment, and job prospects. The World Bank will lend for this initiative, aiming to make Iraq an economic link between Asia and Europe, with a feasibility study due in February . https://ina.iq/eng/37569-parliament-conforms-to-world-bank-on-the-importance-of-government-infrastructure-in-development.html

CLARE: Iraq is working diligently to establish security in the region! @DINARREVALUATION #iqd

 

Exclusive: Iraq signs 8 memoranda of understanding with Iran covering 3 areas, 9 JAN

 Exclusive: Iraq signs 8 memoranda of understanding with Iran covering 3 areas

Government sources revealed on Wednesday that Iraqi Prime Minister Mohammed Shia al-Sudani will sign about 8 memoranda of understanding with Iran in the security, economic and tourism fields.

The sources told Shafaq News Agency, “The visit of Al-Sudani and his accompanying delegation was not limited to discussing the latest developments and changes in the region and its security only, but it is hoped that memoranda of understanding (security, economic and tourism) will be signed according to controls and paragraphs agreed upon between the two sides.”

The sources explained that “the memoranda of understanding will be signed by members of the delegation accompanying the Iraqi Prime Minister with their counterparts from the Iranian side.”

Earlier today, Prime Minister Mohammed Shia al-Sudani reiterated his respect for the will of the Syrian people and support for any political framework they choose, while stressing Baghdad’s keenness to establish balanced relations with all regional and international parties.

Al-Sudani said, in a joint conference with Iranian President Masoud Pezeshkian, which was followed by Shafaq News, that “the visit to Tehran comes to strengthen bilateral relations between the two countries and the meeting with Pezeshkian, discussed this file and at the level of all common areas,” indicating that “the meeting also witnessed a discussion of the file of supplying Iraq with gas and energy.”

Al-Sudani added, “The coming days will witness ministerial-level meetings between the two countries to discuss strengthening joint relations between Baghdad and Tehran,” stressing at the same time “following up on joint projects with Iran, especially the railway and housing sectors.”

During his current visit to Tehran, Al-Sudani discussed with the Speaker of the Iranian Islamic Shura Council, Mohammad Baqer Qalibaf, “bilateral relations between Iraq and the Islamic Republic of Iran, and ways to enhance them in a way that serves mutual interests, and emphasized the enhancement of cooperation in common files, as well as supporting cooperation between the legislative authorities in Iraq and Iran, in a way that contributes to consolidating the interests of the two countries.”

The meeting also discussed, according to a statement by Al-Sudani’s office received by Shafaq News Agency, “developments in Syria, where the unity of Syrian territory was emphasized, support for security and stability in it, and the necessity for the new political system to guarantee the rights of all Syrian components and spectrums, as well as joint work to reduce tensions and double efforts to establish regional and international peace and security.”

Al-Sudani arrived in the capital, Tehran, on Wednesday morning, on an official visit in response to an invitation extended to him by Iranian President Masoud Pezeshkian.

TIDBIT FROM MNT GOAT, 8 JAN

Mnt Goat   

...Let’s revisit this...Oil and Gas law...Remember that this is a constitutional requirement...

We have been told many times in articles that this “referendum” must be written and passed as part of the “Stability” for Iraq.  Article:  "A GUARANTOR OF ZEROING OUT CRISES...PARLIAMENTARY DEMANDS TO LEGISLATE THE OIL AND GAS LAW”. 

 In the article the Kurdistan National Union parliamentary bloc called on the federal government, on Tuesday, “to expedite and send the oil and gas law to the House of Representatives for study and approval as quickly as possible.”  Why the urgency?  WOW, WOW, WOW!

MILITIAMAN: Banks are closed. Sudani said he was going to make...the dinar stronger than the dollar